International

International
Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
February 01, 2019

Deal or no deal? No, not the game show, because in the case of “no deal,” it seems like no one wins. That’s a nod to Brexit, of course. And the prospect of “no deal” Brexit has some FinTech firms seemingly anxious about what lies...

International
Visa, Mastercard Still Locked Out Of China
February 01, 2019

Both Visa and Mastercard posted solid fourth quarter earnings and outperformed analyst estimates, yet the companies are still waiting for approval to do business in China. Though it’s been more than a year since each submitted applications to process payments in the $124 trillion market,...

Global Payments
Wirecard Teams With BASF Digital Farming; BPP Unveils Digital Wallet In Brazil
January 31, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Germany-based Wirecard’s collaboration with BASF Digital Farming GmbH. In addition, Grab plans to start offering solutions and privileges from United Overseas Bank Limited (UOB) in Singapore, Fintech firm BPP...

Global Payments
Lightspeed Rolls Out Integrated System; Central JD Fintech Unveils Dolfin Wallet
January 30, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the roll out of a new payment solution from Canada’s Lightspeed.  In addition, Central JD Fintech is introducing the Dolfin wallet in Asia, and AMS Public Transport Holdings Limited along...

International
Syria, Iran Reach Banking Agreement
January 29, 2019

Syria and Iran governments have come to an agreement to enable bank transactions between the countries, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
Chinese Smartphone Shipments Fell Below 400M Units In 2018
January 28, 2019

Perhaps the most telling sign of China’s continued softening smartphone numbers was Apple CEO Tim Cook’s message to investors in early January, citing the decreased demand for phones in the world’s largest market. Get the Full Story Complete the form to unlock this article and...

International
Nearly 100 Chinese Tech Startups Hit Unicorn Status In 2018
January 28, 2019

China’s startup market had a good year in 2018, with close to 100 technology companies garnering a valuation of more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Smartphone Makers Press India For Export Credits, Lower Tariffs
January 25, 2019

An association of smartphone manufacturers that includes Apple, Huawei, Oppo and Foxconn has submitted a 174-page report to the Indian government asking for export credits on units and tariff cuts on imported parts, according to Reuters. Get the Full Story Complete the form to unlock...

International
Financial Firms Form FinTech Cooperation Committee In Asia
January 25, 2019

To help FinTech startups, banks, and institutions exchange expertise, financial firms formed the Fintech Cooperation Committee in Singapore. Approximately 60 financial institutions became a part of the committee, including insurance companies, banks and asset management firms, The Straits Times reported. Get the Full Story Complete...